Ramco Systems Ltd Q1 FY24 consolidated loss at Rs. 46.76 crores

Ramco Systems Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 139.942 crores during the period ended June 30, 2023 as compared to Rs. 128.268 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -46.764 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -45.565 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -13.27 for the period ended June 30, 2023 as compared to Rs. -14.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 139.942 crs	₹128.268 crs	9.10%
Net Profit	₹-46.764 crs	₹-45.565 crs	2.63%
EPS	₹-13.27	₹-14.45	8.17%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 139.942 crores during the period ended June 30, 2023 as compared to Rs.120.947 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-46.764 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-50.685 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-13.27 for the period ended June 30, 2023 as compared to Rs.-16.45 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 139.942 crs	₹120.947 crs	15.71%
Net Profit	₹-46.764 crs	₹-50.685 crs	7.74%
EPS	₹-13.27	₹-16.45	19.33%

Shares of Ramco Systems Limited was last trading in BSE at Rs. 293.75 as compared to the previous close of Rs. 297.90. The total number of shares traded during the day was 13397 in over 735 trades.

The stock hit an intraday high of Rs. 307.80 and intraday low of 292.10. The net turnover during the day was Rs. 4011618.00.

Source : Equity Bulls

Keywords

RamcoSystems Q1FY24 ResultUpdate